07
Sep
12:54
Nickel fall, industrial output decline seen hitting stainless
A question mark looms over the EU stainless steel market’s performance in the second half of 2016 as German consumer confidence has lost some momentum and industry output is showing some negative development, according to the Bureau of International Recycling (BIR). Moreover, there has been a more than -10% downward correction in nickel prices.
“As a result of higher commodity prices, stainless scrap availability improved and consumption of this raw …
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Anonymous
Very good overview of the weekly steel market.
Anonymous